Do 529 tax benefits only apply if you invest in the state fund?
Do 529 tax benefits only apply if you invest in the state fund? Location: Illinois Illinois has a $20,000 state tax deduction for 529 plans (joint filing). Do you only qualify for the tax break if you invest in one of the Illinois state managed funds (i.e. Bright Start, etc) or do you still qualify if you use Vanguard or some other private company?
submitted by /u/ControlElegant9533